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☆ Erdogan turns up the heat on Israel as his party’s popularity wanes
▼ + stars: | 2024-06-05 | by ( Scott Mclean | ) edition.cnn.com time to read: +10 min

Beyond the sputtering Turkish economy – many pundits blamed the electoral setback on his stance on Israel and its war in Gaza. There are no sanctions, no concrete steps taken, trade with Israel still continues,” said New Welfare’s leader Fatih Erbakan in March. For Erdogan, ‘Hamas is Palestine’Experts say the comment made by Erdogan in the presence of the Greek leader may have in fact been intended for an audience closer to home. Chris McGrath/Getty Images“For Erdogan, Hamas is Palestine. Turkish President Recep Tayyip Erdogan (C) and state officials in Ankara, Turkey on October 29.

Persons: Recep Tayyip Erdogan, –, Hitler, Erdogan, Erdogan’s, ”, Fatih Erbakan, Israel, Seda, “ Erdogan, Ismail Haniyeh, Handout, Murat Cetinmuhurdar, ” Erdogan, Kyriakos Mitsotakis, ” Mitsotakis, misspoke, Gazans, ‘, Evren Balta, Chris McGrath, ” Balta, Ozgur Ozel, Mustafa Kemal Ataturk, “, Ekrem Imamoglu, they’ve, Fabrice Pothier, Jens Stoltenberg, Akif Cagatay Kilic, Haniyeh “, hasn’t, Benjamin, Netanyahu –, isn’t, Hakan Fidan, Fidan, Antony Blinken, Adem Altan, Balta, Turkey isn’t, Pothier, it’s Organizations: Turkey CNN, Palestinian, NATO, New Welfare, New, Isik University, CNN, Welfare, Israel, International Court of Justice, of Independence, Anadolu, Getty, TRT, Greek, “, Turkish Ministry of Health, Ozyegin University, West Bank, CHP, Rasmussen Global, German Press Agency, Hamas, Turkish, Qatar, Turkish Foreign Ministry Locations: Istanbul, Turkey, Gaza, Israel, Turkish, of, Ankara, “, ”, Palestine, NATO, Palestinian, Washington, Tehran, AFP, Iran, Qatar

☆ McConnell suggests 'discipline' for Dem senators pressuring Supreme Court over Alito flags
▼ + stars: | 2024-06-05 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +3 min

Senate Minority Leader Mitch McConnell, R-Ky., suggested Wednesday that the Supreme Court should punish at least two Democratic senators over their calls for Justice Samuel Alito to recuse himself from key cases related to former President Donald Trump. Richard Blumenthal of Connecticut and Sheldon Whitehouse of Rhode Island are bound by court rules that "provide for discipline against those who engage in conduct unbecoming an officer of the court," McConnell said on the Senate floor. But McConnell singled out Blumenthal and Whitehouse because they are members of the Supreme Court bar. They are therefore "potentially engaged in unethical professional conduct before the court," McConnell said of Blumenthal and Whitehouse, both of whom are members of the Senate Judiciary Committee. The responses from Roberts and Alito confirm that they also viewed the communication as public, Whitehouse added.

Persons: Mitch McConnell, luncheons, Samuel Alito, Donald Trump ., Richard Blumenthal of, Sheldon Whitehouse, McConnell, Alito, Blumenthal, Whitehouse, John Roberts, Leonard Leo, Roberts, Dick Durbin, Clarence Thomas, Wednesday's Organizations: Democratic, Donald Trump . Sens, Richard Blumenthal of Connecticut, Trump, American, CNBC, Wall Street, Capitol, Durbin Locations: Ky, Washington, Rhode, Virginia

Hunter Biden, son of U.S. President Joe Biden, arrives at the federal court on the opening day of his trial on criminal gun charges in Wilmington, Delaware, U.S., June 3, 2024. Top House Republicans on Wednesday sent criminal referrals to the Justice Department recommending President Joe Biden's son Hunter Biden and brother James Biden be charged with making false statements to Congress. In his prepared opening statement at the deposition, Hunter Biden pushed back at the basis of the committee's impeachment inquiry. NBC News has reached out to the Justice Department and a representative of James Biden for comment. Hunter Biden and his attorney were in court in Wilmington and could not immediately be reached.

Persons: Hunter Biden, Joe Biden, James Comer, Jim Jordan, Jason Smith, Hunter, James Biden, Donald Trump, General Merrick Garland, David Weiss, Weiss, Joe Biden's, Robert K, Hur, Mike Johnson, Biden, he'd, Hunter Biden's, Tony Bobulinski, Abbe Lowell Organizations: Committee, Top, Republicans, Wednesday, Justice Department, Rep, GOP, NBC Locations: Wilmington , Delaware, U.S, Ohio, New York, Delaware, Washington ,, Wilmington

☆ If the US doesn't win the electronic warfare fight, the joint force will 'lose' and 'lose very quickly,' Air Force commander says
▼ + stars: | 2024-06-05 | by ( Chris Panella | ) www.businessinsider.com time to read: +6 min

Read previewFuture wars could be decided by electronic warfare like Russia and Ukraine are using right now to interrupt communications, defeat unmanned platforms, and even degrade precision weaponry. For the US, if it doesn't dominate that invisible domain and win the fight in the electromagnetic spectrum, it will "lose" and do so "very quickly," an Air Force wing commander said. Gen. Ed Barker, the Program Executive Officer for Intelligence, Electronic Warfare and Sensors, and US Air Force Col. Josh Koslov, commander of the 350th Spectrum Warfare Wing, discussed the challenges facing the US in the electronic warfare space and the efforts to find solutions to these problems. Related VideoA man holds a portable electronic warfare system at an event in Ukraine earlier this year. Increased US interest in it more recently has been driven by the ongoing conflict in Ukraine, where electronic warfare tactics, such as GPS spoofing and signal jamming, have shaped the fighting.

Persons: —, Ed Barker, Josh Koslov, Koslov, Barker, Simon Mictizic, it's, Daniel Patt, YURIY DYACHYSHYN, Patt, Denis Abramov Organizations: Service, Air Force, Business, C4ISRNET Conference, US, Intelligence, Electronic Warfare, US Air Force, 350th Spectrum Warfare, Getty, US Army's 1st Infantry Division, US Army, Staff, Hudson Institute, JDAMs . Volunteers, Ukrainian, Kvertus, Russian Defense Ministry, Mil.ru Locations: Russia, Ukraine, China, JDAMs, Lviv region, AFP, Russian

☆ Nobel Prize-winning chemist Thomas R. Cech on ‘The Catalyst’ and the future of RNA
▼ + stars: | 2024-06-05 | by ( Saira Mueller | ) edition.cnn.com time to read: +13 min

“We saw that with the mRNA (messenger RNA) vaccines that it can be a good messenger,” says Cech. The Catalyst by Thomas R. Cech W W NortonYou mentioned in “The Catalyst” that research on RNA has been around since the ‘50s. What is something that most people get wrong about mRNA vaccines, such as the Covid-19 ones? Thomas R. Cech in a lab in 1984, five years before he won the Nobel Prize in Chemistry. How does this apply to DNA, RNA, mRNA and CRISPR?

Persons: you’re, ”, Thomas R, Cech, ” Cech, Sidney Altman, he’s, Norton, It’s, Thomas R . Cech, — Organizations: CNN, Pfizer, DNA, University of Colorado, Denver Post, Rotary Clubs, Lions Locations: Moderna, University of Colorado , Boulder, Boulder , Colorado, China, Cambridge , Massachusetts, United States, Germany

Two of Hunter Biden’s former romantic partners — his ex-wife and an ex-girlfriend — provided vivid, at times gut-wrenching, testimony on Wednesday about the depths of his drug addiction, grief and unsustainable spending in 2018, when he claimed to be drug-free on a federal firearms form. In his effort to prove that Mr. Biden lied about his drug use, the special counsel in the case, David C. Weiss, called Mr. Biden’s former wife, Kathleen Buhle, who remains locked in a yearslong fight with him over alimony payments after a 24-year marriage that ended in 2017. The prosecutors have set out to use testimony from at least three women to establish that Mr. Biden was a chronic drug abuser when he applied for a handgun in 2018. Almost all the events at issue in the trial happened in 2018, when Joseph R. Biden Jr. was out of office. Ms. Buhle’s testimony laid bare the painful personal toll of Mr. Biden’s addiction.

Persons: Hunter Biden’s, —, Biden, David C, Weiss, Biden’s, Kathleen Buhle, Joseph R, ”

☆ We went behind the scenes of a viral TikTok series in New York City that's part of a new wave of MTV-style social shows
▼ + stars: | 2024-06-05 | by ( Dan Whateley | Sydney Bradley | ) www.businessinsider.com time to read: +7 min

"New media is having a moment here in New York City," Valentino told BI. Related stories"We have a development team pumping out pilots, new concepts, working new concepts," Fallen Media CEO Sol Betesh told BI. Fallen Media's production team optimizes audio and video on a noisy New York City block. Sydney Bradley/Business InsiderNew York City is a main characterFallen Media is a true New York City operation. Villalpando was recently on an episode of Fallen Media's "Bite Me," and Novi was on a recent segment of "Subway Oracle."

Persons: —, Michael Valentino, Tiffany Baira, Baira, Valentino, Sol Betesh, Sydney, Davis, Jason Derulo, Michael Bublé, Brian Baumgartner, Taco Bell, they're, Betesh, We'll, Maia Novi, Fabrizio Villalpando, Villalpando, Davis Burleson Organizations: Service, Business, YouTube, Media, MTV, Sydney Bradley, New, Washington, Fallen Media Locations: New York, New York City, influencer, TikTok, Instagram, Novi

☆ Georgia Appeals Court Stays Most Proceedings in Trump Election Case
▼ + stars: | 2024-06-05 | by ( Richard Fausset | ) www.nytimes.com time to read: +1 min

The Georgia Court of Appeals on Wednesday stayed the criminal election interference case against former President Donald J. Trump until an appellate panel could resolve the matter of whether the district attorney in Fulton County should be disqualified from prosecuting the case based on a conflict of interest. In a one-page order, the court stated that any movement at the trial-court level pertaining to Mr. Trump and eight other defendants who have appealed a ruling allowing the prosecutor, Fani T. Willis, to remain on the case was “stayed pending the outcome of these appeals.”Earlier this week, the appellate court set a tentative date for oral argument of Oct. 4. Legal experts expect the appeals will take months to resolve. The order was more bad news for critics and opponents of Mr. Trump who had hoped that he would stand trial in Georgia before he faced off against President Joseph R. Biden in the general election. Mr. Trump and a number of his allies were indicted in Georgia last summer in a sweeping racketeering case that accused them of trying to overturn his 2020 election loss in the state.

Persons: Donald J, Trump, Fani, Willis, “, Joseph R, Biden Organizations: Wednesday Locations: Georgia, Fulton County

☆ A lack of representation, careless comments and ‘racial banter’ – how British rugby is facing up to its diversity issues
▼ + stars: | 2024-06-05 | by ( Samuel Joseph | Sam Joseph | ) edition.cnn.com time to read: +11 min

Just ask Black rugby player and England international Sadia Kabeya, who says a lack of cultural and ethnic diversity in her sport took a toll on her identity. Representation mattersA 2020 report by Sport England showed that the participation share of White British adults in rugby union was more than 90%, 8.2% higher than the national population share. A lack of diversity in the sport in England is also reflected in the demographics of rugby audiences. Kabeya is particularly passionate about the topic of Black rugby players’ hair. Its significance runs deep, given the historical links between Black hair and identity and also resistance.

Persons: Kabeya, ”, “, ” Kabeya, Maud Muir, Lucy Packer, David Rogers, you’re, White, ” “, ” Jatin Patel, weren’t, Luther Burrell, Burrell, ” Patel, Ashton Hewitt –, –, ” Hewitt, Hewitt, Tyler Miller, Liam Scott, Scott, Mike Hewitt, Patel, George Floyd Organizations: CNN — Elite, England, CNN Sport, Rugby Football Union, RFU, Rugby, Rugby Players Association, Nations, Richmond Women, CNN, Six Nations, Getty, Loughborough Lightning, Sport England, Diversity, Daily Mail, Newcastle Falcons, Dragons, United Rugby, Leinster, rugby, Ireland, Twickenham, Pictures Locations: ”, England, London, Richmond, Wales, Dublin, Black

☆ Opinion | To Win on Immigration, Biden Must Move the Debate Beyond the Border
▼ + stars: | 2024-06-05 | by ( Andrea R. Flores | ) www.nytimes.com time to read: +1 min

On Tuesday, President Biden issued a proclamation that gives the Department of Homeland Security the authority to temporarily block migrants from seeking asylum between ports of entry at the United States-Mexico border. The president’s decree echoes a 2018 Trump-era policy that invoked the same powers to deny protections to people seeking asylum between ports of entry. Mr. Biden may think that shutting the border to asylum seekers will improve his standing with voters. Rather than reduce unauthorized migration, his policy will likely push people to cross at more dangerous areas along the border. Though there’s little to be done now about this recycled immigration policy, Mr. Biden has a moral obligation to use his legal authority to protect the communities he promised to defend four years ago while on the campaign trail.

Persons: Biden Organizations: of Homeland Security, Trump, American Civil Liberties Union Locations: United States, Mexico

☆ Election Updates: Trump again suggests prosecuting his political opponents.
▼ + stars: | 2024-06-05 | by ( Maggie Astor | ) www.nytimes.com time to read: +5 min

Lara Trump, the Republican National Committee co-chair and Mr. Trump’s daughter-in-law, strongly denounced him on CNN. Mr. Hogan has also said he would not be going to the Republican National Convention in Milwaukee next month, where Mr. Trump will officially receive the nomination. Mr. Hogan remains personally popular in Maryland, something Mr. Trump is not. “We don’t want to alienate Trump voters,” Mr. Hogan told The Associated Press in April. “But Larry Hogan is running for Senate in Maryland, not Mississippi,” a nod to the needle Mr. Hogan must thread.

Persons: Donald J, Larry Hogan’s, Hogan, Trump, “, ”, Chis LaCivita, Lara Trump, Trump’s, Hogan’s, Michael Whatley, Larry Hogan, Biden, Republicans —, —, Ben Cardin, ” Mr, Mr, Whatley didn’t, Steve Daines, Angela Alsobrooks, George Santos, Lou Dobbs, Chaya Raichik, aren’t, John Cornyn, Lindsay Reilly Organizations: Senate, Democratic, Mr, Trump, Republican, Republican National Committee, CNN, Republican Party, Trump Republican, Republican National Convention, Washington , D.C, Republicans, Democrat, Associated Press, Biden voters, Maryland, National Republican Senatorial Committee, Republican leadership’s, Fund, Hogan’s Democratic, Prince, Maryland Democrats, Maryland Democratic Party Locations: Maryland, Manhattan, America, Milwaukee, Washington ,, Montana, Mississippi, Prince George’s County, Washington, Texas

☆ The Big Hurdle Between R.F.K. Jr. and the Debate Stage (It’s Not a Poll)
▼ + stars: | 2024-06-04 | by ( Chris Cameron | Rebecca Davis O Brien | ) www.nytimes.com time to read: +1 min

President Biden’s campaign has been clear: He will debate former President Donald J. Trump only one-on-one. That hasn’t stopped Robert F. Kennedy Jr. from trying. As the deadline to qualify for the June 27 debate draws closer, Mr. Kennedy, who is running for president as an independent, has said he’s confident he can still meet host CNN’s requirements, while ramping up accusations that the news organization rigged the process. But Mr. Kennedy’s rivals do have a mutual interest in boxing him out, as The New York Times previously reported. Mr. Kennedy is drawing support away from both Mr. Biden and Mr. Trump, and both campaigns are concerned about the potential for him to swing the election in key battleground states.

Persons: Biden’s, Donald J, Trump, hasn’t, Robert F, Kennedy Jr, Kennedy, “, ” Mr, ”, Biden Organizations: CNN, Biden, Trump, “ CNN, ” CNN, New York Times

☆ Moscow derides peace summit; Ukraine says using Western weapons to strike Russia could be a game changer
▼ + stars: | 2024-06-04 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +3 min

Russia has poured scorn on Ukraine's attempts to invite its former Soviet allies to a forthcoming peace summit in Switzerland, saying the invitation had been rejected by its neighbors. "Kyiv and its Western handlers actively sought to attract representatives from the countries of the global South and East. Russia jealously guards its influence over the CIS, which includes Russia, Armenia, Azerbaijan, Belarus, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan. Meanwhile, Western countries have tried to strengthen their relations with several member countries of CIS, much to Russia's disdain. Russia is sensitive over what it sees as Western encroachment on its own backyard, particularly as the CIS' membership has dwindled in recent years.

Persons: Ilham Aliyev, Serdar Berdimuhamedow, Vladimir Putin, Emomali Rahmon, Alexander Lukashenko, Mikhail Galuzin, Volodymyr Zelenskyy, Galuzin, — Holly Ellyatt Organizations: Commonwealth of Independent States, Tass, CIS, Commonwealth, CNBC, Russian, Georgia Locations: Turkmenistan, Russian, Bishkek, Kyrgyzstan, Russia, Soviet, Switzerland, Armenia, Azerbaijan, Belarus, Kazakhstan, Tajikistan, Uzbekistan, CIS, Baltic States, Soviet Union, Moldova, Ukraine, Kyiv

☆ Three Trump allies charged in Wisconsin fake elector scheme
▼ + stars: | 2024-06-04 | by ( Hannah Rabinowitz | Zachary Cohen | ) edition.cnn.com time to read: +5 min

Wisconsin is the latest state to bring charges against people connected to the former president involved in the broad effort to overturn the presidential election results. “We hereby reaffirm that Joseph R. Biden, Jr. won the 2020 presidential election and that we were not the duly elected presidential electors for the State of Wisconsin for the 2020 presidential election,” a portion of their statement said. “We oppose any attempt to undermine the public’s faith in the ultimate results of the 2020 presidential election.”Chesebro was previously charged, and pleaded guilty, in the Georgia probe. This undercut his testimony to state prosecutors in which he said the fake electors were contingent on winning the litigation. Chesebro discussed the episode with Wisconsin investigators when he sat for an interview as part of the attorney general’s probe into the fake electors plot.

Persons: Donald Trump, Kenneth Chesebro, Jim Troupis, Michael Roman, Tony Evers, ”, Chesebro, CNN’s KFile, Joe Biden’s, Trump, “, Joseph R, Biden, Jr, ” Chesebro, Jack, Trump . Roman, Troupis, Mike Pence, CNN’s Marshall Cohen, Katelyn Polantz, Alison Main Organizations: CNN, Trump, Troupis, Democratic Wisconsin Gov, ” CNN, State, Trump ., White, Wisconsin, Wisconsin GOP Locations: Wisconsin, Michigan , Arizona , Nevada, Georgia, ”, Arizona, Michigan, Washington, DC, Milwaukee

☆ Trump and R.N.C. Announce $141 Million Haul in May
▼ + stars: | 2024-06-03 | by ( Theodore Schleifer | ) www.nytimes.com time to read: +1 min

Former President Donald J. Trump and the Republican National Committee collected a combined $141 million in May, campaign officials said on Monday, an enormous haul fueled in part by his criminal conviction last week. That sum should help Mr. Trump continue his quest to close his yawning financial gap with President Biden and his own allied groups. The $141 million figure matches what Mr. Biden and the Democratic Party raised in March and April combined. The fund-raising was powered by what Lara Trump, the Republican National Committee co-chairwoman and the former president’s daughter-in-law, said on Sunday was $70 million raised by Mr. Trump and the R.N.C. in the 48 hours after Mr. Trump’s conviction.

Persons: Donald J, Trump, Biden, Mr, Trump’s, Lara Trump Organizations: Republican National Committee, Democratic Party, Mr

☆ GameStop's stock surges after Roaring Kitty appears to show he has a $116 million stake
▼ + stars: | 2024-06-03 | by ( George Glover | ) www.businessinsider.com time to read: +1 min

The trader Keith Gill, known as Roaring Kitty, seemed to show he had a $116 million position. The meme stock also surged last month after Gill broke a three-year social-media silence. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementGameStop shares surged at Monday's opening bell after the trader Keith Gill, who posts on social media under the aliases "Roaring Kitty" and "DeepFuckingValue," appeared to disclose a $116 million stake in the struggling retailer. ET after a screenshot showing five million GameStop shares was posted from Gill's account on Reddit's r/SuperStonk forum.

Persons: Keith Gill, Kitty, Gill, — Organizations: GameStop, Service, Business

☆ The R.S.F. Stole Sudan’s Future - The New York Times
▼ + stars: | 2024-06-03 | by ( Dena Ibrahim | ) www.nytimes.com time to read: +1 min

I sang along to songs made popular by the 2019 revolution and then floated home, my spirits high. The next day I watched fighter jets fire rockets into the neighborhoods where I grew up. Now it is at war with its former partners in government, and the Sudanese people have become collateral damage. A report from Human Rights Watch in May detailed the R.S.F.’s ethnic-cleansing campaign against the Masalit and other non-Arab people in West Darfur. is intent on destroying any evidence that another Sudan could ever exist or ever did.

Persons: Mohamed Hamdan Organizations: Sudanese Army, Rapid Support Forces, Human Rights Watch, Museums Locations: Khartoum, Darfur, West Darfur, Sudan

☆ Claudia Sheinbaum profile: Who is the veteran politician set to be Mexico’s first female president?
▼ + stars: | 2024-06-03 | by ( Kathleen Magramo | Tara John | ) edition.cnn.com time to read: +6 min

Born in Mexico City in 1962, she has two children and one grandchild. In 2018, she became the head of government of Mexico City, the first woman elected to this position. Current and former US officials have frequently described the relationship between President Joe Biden and Mexico’s President Andrés Manuel López Obrador as friendly and professional — and anticipate a productive relationship with Mexico’s next president. But Mexico’s election also comes at a critical time for the Biden administration. One of the considerations in rolling out a new border executive action was doing so after Mexico’s election.

Persons: Claudia Sheinbaum, Andrés Manuel López Obrador, Mitofsky, Sheinbaum, Jesús María Tarriba, López Obrador, Andres Manuel Lopez Obrador, Alfredo Estrella, López, Will Freeman, “, ” Freeman, Freeman, Joe Biden, Donald Trump, Mexico’s, Biden, — Organizations: CNN, Bank of, Environment, Federal, Mexico City, Getty, Defense, Council, Foreign Relations, Biden Locations: Mexico City, Morena, Bank of Mexico, Andrés, Tlalpan, Mexico, AFP, Sheinbaum

☆ 'Roaring Kitty' post seems to show trader held onto giant GameStop stake after Monday's rally
▼ + stars: | 2024-06-03 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Keith Gill, known on Reddit under the pseudonym DeepF-------Value and as Roaring Kitty, is seen on a fragment of a youtube video displayed on a smartphone screen in front of GameStop logo. Meme stock leader Keith Gill, who's behind GameStop 's recent roller-coaster ride, appeared to hold onto his big position in the video game retailer even after Monday's big rally. He still owned 5 million shares of GameStop and 120,000 call options with a strike price of $20 that expire on June 21, the screenshot showed. The post on Reddit's r/SuperStonk forum could not be independently verified by CNBC. Shares of GameStop climbed about 4% in extended trading following his latest Reddit post.

Persons: Keith Gill, who's, Gill Organizations: GameStop, CNBC

☆ Travis Kelce is speechless as Jason Sudeikis pops awkward question about Taylor Swift
▼ + stars: | 2024-06-03 | by ( Amarachi Orie | ) edition.cnn.com time to read: +2 min

CNN —Fans of Taylor Swift and Travis Kelce curious about where the couple’s relationship is headed can thank Jason Sudeikis for trying to get them closer to some answers. (L-R) Jason Sudeikis, Robert Smigel, Patrick Mahomes, George Wendt, and Travis Kelce perform onstage during 2024 Big Slick Celebrity Weekend on Saturday. That’s what four tickets cost to her concert anyway.”“She just got to Kansas City, boys. Kelce responded to Sudeikis’ interrogation with an embarrassed smile and an awkward chuckle, as he seemingly waited for it all to be over. Swift and Kelce began dating last summer and the singer is often spotted cheering on the athlete at his games.

Persons: Taylor Swift, Travis Kelce, Jason Sudeikis, Kelce, Sudeikis, Robert Smigel, George Wendt, Big, Patrick Mahomes, Kyle Rivas, Smigel, Wendt, “, Taylor, Jesus, ” Kelce, “ Travis, Ted Lasso ”, ” Sudeikis, “ Taylor, Harrison Butker, Swift Organizations: CNN —, NFL, Kansas City Chiefs, Kansas City Locations: Kansas City , Missouri, Kansas

☆ A way to profit from a negative reversal in Chipotle if the consumer continues to weaken
▼ + stars: | 2024-06-03 | by ( Michael Khouw | ) www.cnbc.com time to read: +5 min

Investors may not have sufficiently accounted for the impact of stretched consumer finances on the discretionary sector. We'll review the dichotomy going on in the consumer discretionary sector and give a bearish trade on an outperforming stock once thought to be immune from some of the pressures. To some extent, the haves and have-nots divide explains the difference between the consumer discretionary stocks that have outperformed versus underperformed this year. Horton, YTD However, two industry groups within the consumer discretionary sector have not followed this pattern to the same degree. The trade: Chipotle The best-performing restaurant in the consumer discretionary sector so far this year is Chipotle Mexican Grill Inc. (CMG) up a market-crushing 36.8%.

Persons: Roland Garros, Ralph Lauren, Hermes, Versace, Prada, Calvin Klein, Tommy Hilfiger, Van Heusen, Horton, TOL, D.R, Tesla, Darden, YTD, Chipotle Organizations: Monaco, PVH Corp, IZOD, Carnival Corp, CCL, GM, Grill Inc, Darden, Starbucks Locations: Royal Caribbean, Horton

☆ Nvidia's latest roadmap shows how it plans to keep the lead in the AI chip race
▼ + stars: | 2024-06-03 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +5 min

NVDA .SPX 1Y mountain Nvidia's stock performance over the past 12 months compared with the S & P 500. The fresh details Sunday underscore Nvidia's commitment to roll out a new version of its AI chip platform roughly every year, instead of the two-year cadence it used to follow. In a sign of the competition, Advanced Micro Devices , Nvidia's main rival in the booming AI chip market, also highlighted plans at Computex to release updated processors each year. The product announcements "continue to bolster" Nvidia's AI leadership position, Bank of America analysts wrote to clients Monday. The firm reiterated its price target of $1,500 per share and top-pick designation on Nvidia's stock.

Persons: Rubin, Blackwell, Jensen Huang, Taiwan —, Vera, Hopper, Grace, Vera Rubin —, what's, Goldman, Jim Cramer's, Jim Cramer, Jim, Sam Yeh Organizations: Nvidia, Devices, AMD, Microsoft, Blackwell, Smithsonian, Wall Street, Bank of America, CNBC, AFP, Getty Locations: Blackwell, Taiwan, Computex, Taipei

☆ GameStop's stock almost doubles premarket after Roaring Kitty reveals his $116 million stake
▼ + stars: | 2024-06-03 | by ( George Glover | ) www.businessinsider.com time to read: 1 min

GameStop shares surged ahead of Monday's opening bell after trader Keith Gill, who posts on social media under the aliases "Roaring Kitty" and "DeepFuckingValue," revealed he holds a $116 million stake in the struggling retailer. AdvertisementThe stock was up 84% in premarket trading shortly before 5 a.m. Eastern Time after an account snapshot posted on Reddit's r/SuperStonk forum revealed that Gill holds five million GameStop shares. This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account?

Persons: Keith Gill, Gill Organizations: GameStop, Business

☆ GameStop shares surge as ‘Roaring Kitty’ trader posts account showing $116 million position
▼ + stars: | 2024-06-02 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Meme stock GameStop is rallying again on speculation Keith Gill, the man who inspired 2021's epic short squeeze, could currently have a huge position in the video game retailer. Gill, who goes by DeepF------Value on Reddit and Roaring Kitty on YouTube and X, reappeared Sunday night, posting a screenshot of what could be his portfolio holding a significant amount of GameStop common shares and call options. The Reddit trading crowd's favorite trader holds 5 million shares of GameStop worth $115.7 million as of Friday's closing price, according to the account snapshot posted on Reddit's r/SuperStonk forum. The account also showed a position of 120,000 call options in GameStop with a strike price of $20 that expire on June 21st that were purchased for about $5.68 each. GameStop shares closed Friday at $23.14.

Persons: Keith Gill, Gill Organizations: GameStop, DeepF, YouTube, CNBC

☆ Opinion | Civil Liberties Make for Strange Bedfellows
▼ + stars: | 2024-06-02 | by ( David French | ) www.nytimes.com time to read: +1 min

Last Thursday, Sonia Sotomayor helped protect the country from Donald Trump, and she did it in an unexpected way — by defending the National Rifle Association. Attempts to target the free speech of political opponents are often the first sign of a decline into authoritarianism. It is the right which they first of all strike down.”That’s exactly right, and that’s why Sonia Sotomayor’s opinion for a unanimous Supreme Court upholding the free speech rights of the N.R.A. against a hostile attack from a Democratic official in New York has ramifications well beyond New York politics and well beyond the battle over gun rights. By upholding the free speech rights of the N.R.A., the Supreme Court reinforced the constitutional wall of protection against vengeful government leaders, including Trump.

Persons: Sonia Sotomayor, Donald Trump, Frederick Douglass, “, ”, Sonia Sotomayor’s Organizations: National Rifle Association, Democratic, Trump Locations: Boston, New York

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